Quite a simple very efficient CO2 Sequestration Process Verde AgriTech Ltd (TSX: “NPK”) ("Verde” or the “Company”) is pleased to announce the carbon capture properties of its K Forte® and Super Greensand® (“Products”), as detailed by an independent study conducted at Newcastle University under the leadership of Prof. David Manning, PhD, a renowned soil scientist (the “Study”). The carbon dioxide (“CO2”) capture is inherent to the Products and is estimated at 120kg per tonne.
The CO2 removal does not require any change to the Products’ production and farmland application methods, nor does it change the nutritional benefits to plants.
As a result, in the production scenario of 50 million tonnes per year (“Mtpy”),1 Verde would be one of the world's largest carbon capture projects with a total of 6 million tonnes of CO2 permanently subtracted from the atmosphere every year.
The Science on Enhanced Rock Weathering and the Study Findings
Enhanced Rock Weathering (“ERW”) is a naturally occurring process whereby CO2 is removed from the atmosphere when it reacts with silicate minerals present within certain types of rocks.
In other words, through weathering, certain types of minerals naturally absorb CO2 from the air and store it permanently as part of the new mineral structure.
Over many years, Verde's prospecting led to the identification of a silicate mineral that is rich in glauconite (the “Rock”).
It is distinctive in its faster weathering rate compared to other minerals used in ERW schemes, such as basalt, which allows the Rock to capture CO2 more rapidly.
In a parallel benefit, the Rock is a source of several plant nutrients including potassium (represented on the periodic table as “K”), which is a crucial element for plant growth, and is a proven substitute for Potassium Chloride (“KCl”).
Analyses performed on Verde's Products at Newcastle University have confirmed its efficiency to extract CO2 from the atmosphere at a ratio of 120kg of CO2 per 1 tonne of product , based on a well-established scientific calculation formula.4
In conclusion, Verde’s Rock undergoes ERW to permanently capture atmospheric CO2 while releasing K and other plant nutrients.
Quite simple.
So no extra cost to produce but perhaps a better price to the farmer to attract greater use of NPK's fertilizer